Finances

The property taxes average 7.02% of total income, which is very high compared to the national median.

The property taxes average 1.81% of total property value, which is very high compared to the national median.

The sales tax rate is 7.00%, which is medium compared to the national median.

New Jersey has a very low average state income tax rate of 2.43%.

The area has an average household income of $91,886, which is in the top 12% of all incomes in the US.

The area has a median household income of $73,377, which is in the top 13% of all incomes in the US.

The area has a per capita income of $35,883, which is in the top 13% of all per capita incomes in the US.

Assisted living costs average $83,400 per year, which are very high compared to national figures.

Nursing home costs average $137,616 per year, which are very high compared to national costs.

Adult daycare costs average $21,970 per year, which are very high compared to national numbers.

Home healthcare costs average $49,192 annually, which are high compared to national costs.

The unemployment rate is about 6.23%, which is low compared to national statistics.

The overall cost of living is very high compared to national averages.

0% of the senior population are financially responsible for at least one grandchild.

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General Quality of Life

This area receives high levels of rainfall each year.

This area has harsh mean temperatures, with cold winters and pleasant summers.

This area has average air quality.

This area has average water quality.

08869 has a dense population density of 3,452.6 people per square mile.

Residents have a long daily commute time.

The area has a very high public transportation ridership.

The area has a very high public school quality ranking.

The area has a very high public school safety ranking.

This area has a high education attainment of 90.85%.

Around 08869 (Raritan, NJ)

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